TPH COO Mitchell Mitchell Thomas J. sold 77,384 shares at $39.15 on 2024-12-16 for $3,029,583.60; stock now at $38.18, down 18.2% from 52-week high.
Mitchell Thomas J., President and COO, sold 77,384 shares at $39.15 on 2024-12-16, reducing his holdings by 9.9% to 708,159 shares post-transaction. The stock has declined to $38.18, down 8.6% in 30 days and 14.7% in 90 days since the sale. His cross-ticker track record shows 1 prior sell with an average 90-day return of +4.9%, indicating his prior open-market sales were poorly timed (stock rose after). At TPH specifically, his prior 2024-03-13 sale also preceded a 4.9% 90-day gain, establishing a pattern of selling before appreciation at this ticker. The company faces headwinds: annual revenue declined 14.6% year-over-year, though the P/E of 7.74 reflects a compressed valuation relative to fundamentals of $1.1B quarterly revenue and $111.8M net income.